The Ethereum Foundation’s recent transfer of a substantial amount of ETH has caught the attention of the crypto community. Speculations are already arising about whether this transaction could be an indication of a market top. On May 8, the Foundation transferred 1,000 ETH ($3 million) to a middle multi-signature wallet (0xbc9), as reported by the
Despite a recent 20% weekly decline in the price of Shiba Inu (SHIB), analysts are forecasting a significant rally for the meme coin. Analysts are optimistic due to various factors such as a sharp increase in SHIB’s burn rate, enhancements to its Shibarium layer-2 platform, and other bullish signals for its future price. One example
The European Securities and Markets Authority (ESMA) has recently launched a review to assess the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities) funds. This review is part of a larger examination of the EU’s financial regulatory framework and has been initiated in response to a request from the
In recent weeks, the price of Ethereum has closely followed the performance of Bitcoin, which has been on a downtrend. However, upon closer inspection, it appears that Ethereum may have more bearish fundamentals compared to Bitcoin. One crypto analyst known as Shin Forex recently shared an analysis on TradingView, highlighting some concerning developments in the
Guild of Guardians, in collaboration with Guardians Guild Limited, has announced an upcoming global launch event called “Age of the Dread.” This event is set to introduce players to a new and exhilarating gameplay experience, along with the opportunity to win lucrative rewards. Scheduled to run from May 15 to June 9, the event boasts
The recent surge in the price of the APPLE meme coin has caught the attention of many investors in the cryptocurrency market. The explosive growth of 76,926% overnight following Apple’s new product launches has raised eyebrows and sparked a debate on the potential investment opportunities in meme coins. The decentralized nature of meme coins like
Recent data from IntoTheBlock, an on-chain analytics firm, has revealed a concerning trend in the accumulation behavior of Bitcoin whales. These large investors, holding over 1,000 BTC, have been major players in supporting the price of Bitcoin and preventing drastic declines. However, the data shows a decline in whale accumulation volumes in each buying cycle
Monero is currently experiencing a surge in discussions on social media platforms following the recent announcement of LocalMonero’s closure. This uptick in attention coincides with ongoing government efforts to regulate privacy-focused assets in the cryptocurrency space. LocalMonero, a peer-to-peer exchange based on Monero, revealed via a blog post that it is ceasing its operations after
The recent report published by The Wall Street Journal shed light on the controversy surrounding Binance, the world’s largest crypto exchange. It alleged that Binance’s head of market surveillance was fired after raising concerns about potential market manipulation by a high-profile client. The client in question, DWF Labs, had been engaging in suspicious trading activity,
A new bill has been introduced by US lawmakers with the aim of imposing a temporary ban on financial institutions engaging in transactions involving funds that have passed through crypto mixers. The bill, named the Blockchain Integrity Act, has received support from Representatives Bill Foster, Brad Sherman, and Emmanuel Cleaver, in addition to Congressman Sean